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Newsletter 27 - 22/05/2015
February. It had been rumoured Athens would ask for the ELA cap to be increased by 1.1 billion
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Greece and lenders talk at cross purposes, head for crisis summit
PoliticsGreek Politicsan increase in the ELA cap by 1.1 billion but reports suggested that around 1 billion euros was withdrawn
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How big is the gap separating Greece and the institutions?
EconomyProgrammecreate a fiscal gap of around 2 billion euros for 2015 (1.1 percent of GDP) and 3.4 billion
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomy. The breakdown by segment showed the contraction in corporate lending significantly slowed to 1.1 percent
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Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyshowed a drop in June: The industry confidence eased by 1.1 points to -14.1 more than offsetting
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomyGreeceās Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth successive month. The survey data displayed
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyyear on year (YoY) and 1.1 percent MoM. Similarly, the SA retail volume decreased by 2.2 percent YoY
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyof consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May
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Industrial production down by 4 pct in May after three successive rises
EconomyMacroeconomyby the European Commission at the end of last month displayed it eased by 1.1 points to -14.1 in June after
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomydecelerated to 0.5 percent in June from 1.1 percent in May, indicating the slowest decrease since
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